In the Perspective Name field, enter the name of the perspective. optional In the Description field, enter a description of the perspective. Click the Set User button to display the In the Focus area, specify whether the focus of the perspective is financ

12-10 Oracle Fusion Middleware Users Guide for Oracle Business Intelligence Enterprise Edition 2. In the Perspectives pane , click the New Perspective toolbar button. The Scorecard editor: Perspective tab is displayed.

3. In the Perspective Name field, enter the name of the perspective.

4. optional In the Description field, enter a description of the perspective.

5. Click the Set User button to display the

Select Business Owner dialog , where you select the business owner. By default, the business owner is the creator of the scorecard.

6. In the Focus area, specify whether the focus of the perspective is financial or

internal facing. 7. Add related documents, as appropriate. See Related Documents area .

8. Click Save.

The perspective displays in the Perspectives pane . You can now associate initiatives, objectives, and KPIs with this custom perspective. You associate an initiative and objective with a perspective when you create or edit the initiative or objective. See Creating Initiatives and Creating Objectives . You associated a KPI with a perspective when you edit the details of the KPI. See Working with KPI Details . What Are Key Performance Indicators KPIs? A KPI represents the result of a business measure for example, Product Sales or Operational Costs evaluated against a target for that measure. You can use KPIs to assess the progress of the objectives and initiatives that form levels of organizational strategy. You can create KPIs that you need: ■ Within a scorecard. This enables you to create the KPIs as you are creating or editing the scorecard. ■ Outside a scorecard. This enables you to create the KPIs in advance of creating or editing a scorecard. For information on KPIs and how to create them, see Chapter 11, Using KPIs and KPI Watchlists. What Are KPI Watchlists? A KPI watchlist is a set of KPIs whose performance you want to monitor. You can create KPI watchlists: ■ Within a scorecard. You create a KPI watchlist within a scorecard to help you view and investigate the progress of the objectives and initiatives. Watchlists that you create within scorecard are saved as part of the scorecard. ■ Outside a scorecard. This enables you to create a KPI watchlist in advance of creating or editing a scorecard. Watchlists that you create outside a scorecard are saved as standalone objects in the Oracle BI Presentation Catalog. For information on KPI watchlists and how to create them, see Chapter 11, Using KPIs and KPI Watchlists. Scorecarding 12-11 What Are Objectives? Objectives are the required or desired outcomes that form your corporate strategy. You can create an objective for: ■ An entire organization, for example, Oracle Corporation ■ A department, for example, Sales department When you create an objective, you assign it one or more KPIs that are to be used to measure its progress and performance. For example, you can measure the progress and performance of an objective named Improved Customer Satisfaction by assigning it the following KPIs: ■ Average Customer Survey Satisfaction Score ■ Number of Customer Complaints KPIs For more information on KPIs, see Chapter 11, Using KPIs and KPI Watchlists. Within a scorecard, you also create the initiatives that are required to meet the objectives. For more information on initiatives, see What Are Initiatives? Objectives that you create are displayed hierarchically in the Strategy pane . The root objective represents the entity that you are scorecarding, that is the entire organization or a department. The KPIs that are assigned to assess the performance of objectives are displayed below the objectives in the Strategy pane. The Strategy pane also shows the statuses of objectives and KPIs using the appropriate colors and icons that you specified for assessment mappings. For more information on assessment mappings, see Defining Assessment Mappings for Scorecards . For information on creating objectives, see Creating Objectives . Creating Objectives You can create one or more objectives. Objectives that you create should be measurable using KPIs and strategically relevant. For more information about objectives, see What Are Objectives? To create an objective: 1. Edit the scorecard for which you want to create an objective. For information, see Opening or Editing Scorecards . 2. In the Strategy pane : ■ If the objective that you want to create can be independently achieved, then select the root objective. ■ If the objective that you want to create is required to meet a higher-level objective, then select the higher-level objective.

3. Click the Create Objective toolbar button or right-click and select Create